Emergency Interest Rate Hike Boosts Uganda Shilling

UGANDA, Kampala | Real Muloodi News | The Bank of Uganda increased the Central Bank Rate (CBR) to 8.5 per cent from 7.5 per cent on Tuesday, in an effort to curb inflationary pressures that have sparked a wave of street protests across the nation. The interest rate hike brings the Bank’s benchmark lending rate … Continue reading Emergency Interest Rate Hike Boosts Uganda Shilling